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Why Do People Still Live in East Germany?

In 1997 GDP per capita in East Germany was 57% of that of West Germany, wage rates were 75% of western levels, and the unemployment rate was at least double the western rate of 7.8%. One would expect that if capital flows and trade in goods failed to bring convergence, labor flows would respond, enhancing overall efficiency. Yet net emigration from East Germany has fallen from high levels in 1989-1990 ...

Demographic Change, Endogenous Labor Supply and the Political Feasibility of Pension Reform

Erosion of Monopoly Power due to the Emergence of Linux

The emergence and market success of Linux in recent years has been impressive. Contrary to common belief, commercial enterprises are active only in the provision of services (including distribution) related to Linux. The emergence of this service market has paved the way for Linux to become a low-cost product and a serious competitor in formerly monopolistic market segments. This paper demonstrates ...

Documentation of Sample Sizes and Panel Attrition in the German Socio Ecoomic Panel (GSOEP): (1984 until 1999)

Child Poverty Dynamics in Seven Nations

Der vorliegende Beitrag vergleicht die Armutsdynamik bei Kindern mithilfe von Paneldaten aus sieben Ländern: USA, Großbritannien, Deutschland, Irland, Spanien, Ungarn und Russland. Neben der Verwendung von Standard- Definitionen zur Erfassung relativer Armut, werden die Übergänge in und aus dem untersten Einkommensquintil bei Kindern untersucht. In den sieben untersuchten Ländern zeigt sich eine signifikante ...

Leading Indicators of Euroland Business Cycles

Die Einführung einer gemeinsamen Geldpolitik in elf europäischen Ländern erhöhte die Bedeutung von konjunkturellen Frühindikatoren für dieses Gebiet. Brauchbare Frühindikatoren sollten folgende Eigenschaften besitzen: (1) Die konjunkturellen Bewegungen des Frühindikators sollten denen der Referenzreihe folgen. (2) Die Beziehung zwischen den Reihen sollte stabil und signifikant sein. (3) Die Einbeziehung ...

The Dynamics of Child Poverty: Britain and Germany Compared

We compare patterns of movements into and out of poverty by children in Britain and Germany using data from the British Household Panel Survey and the German Socio- Economic Panel for the period 1992-7. Compared to Germany, in Britain poverty persistence is greater, and poverty exit rates in particular are lower. In both countries poverty is particularly persistent among children in lone parent households ...

Measuring Income Risk

We provide a critique of the methods that have been used to derive measures of income risk and draw attention to the importance of demographic factors as a source of income risk. We also propose new measures of the contribution to total income risk of demographic and labour market factors. Empirical evidence supporting our arguments is provided using data from the British Household Survey.

Do Current Income and Annual Income Measures Provide Different Pictures of Britain's Income Distribution?

Most UK surveys, including those used each year to derive the official UK income distribution statistics ('Households Below Average Income'), provide measures of current household income rather than annual household income, which is the measure used in most other countries. Using British Household Panel Survey data, we examine whether estimates of Britain's income distribution and its trends are sensitive ...

Evaluation of a Pseudo-R2 Measure for Panel Probit Models

A simulation study designed to evaluate the pseudo-R2 T proposed by Spiess and Keller (1999) suggests that this measure represents the goodness- of-fit not only of the systematic part, but also of the assumed correlation structure in binary panel probit models.